Wealth Hazards

What You Don't Know May Be Hazardous to Your Wealth

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Health
the condition of the body or mind with regard to soundness and vigor

Your health affects your wealth.  Let's say that again.  Your health affects your wealth.  Your health affects all areas of your life and any detrimental effects can be cumulative and long-term.  Our quote for this chapter, " Health is like money, we never have a true idea of its value until we lose it" speaks to the difficulty we often have with quantifying the value of our health.  We recognize that bad health can present some challenges, but we're quick to dismiss them when we're feeling well.  On the one hand, it seems that if we have a cold or allergy, it's viewed as merely a nuisance and can be managed easily so that it doesn't affect our work or personal life.  On the other hand is a life-threatening condition that with the clarity of foresight we all agree could be serious enough to force major changes in our work and personal life in order to deal with head-on.  But then an interesting thing happens; we disconnect from reality. 

We think we’ve identified three critical factors that determine how successfully an individual will withstand the effects of a wealth hazard that they've encountered.  Many people will find this approach useful in their attempt to deal with these difficult times.  The three factors are how to Avoid, Manage, and Recover from the effects of a wealth hazard.
  

Please explore our website and our new book and contact us via
Ask a Question if you have any comments, questions or concerns.


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Health Hazards

  • No health insurance

  • Overweight

  • Smoker

  • Not getting enough sleep and exercise

  • No stress management

  • Not requesting a second or third medical opinion

  • Medical identity theft


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